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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,480 | $56,287-83.2% | $80,977-88.3% | $62,881-84.9% |
| Participation rate | 69.2% | 68.9%+0.3pp | 75.8%-6.6pp | 69.3%-0.1pp |
| Annual return | 13.01% | 22.13%-9.1pp | 17.11%-4.1pp | 20.14%-7.1pp |
| Employer contribution / active EE | $1,127 | $1,943-42.0% | $3,715-69.7% | $2,281-50.6% |
| Participant deferral / active EE | $2,101 | $4,196-49.9% | $5,696-63.1% | $3,203-34.4% |
| Admin fee / account holder | $112 | $3,742-97.0% | $5,517-98.0% | $4,296-97.4% |